Effect of macroeconomic uncertainty on household spending (Record no. 133301)

MARC details
000 -LEADER
fixed length control field 01210nam a22001337a 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 240611b |||||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Coibion, Olivuer
-- Georgarakos, Dimitris
-- Gorodnichenko, Yuriy
245 ## - TITLE STATEMENT
Title Effect of macroeconomic uncertainty on household spending
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. American Economic Review
Date of publication, distribution, etc. March 2024
520 ## - Abstract
Abstract We use randomized treatments that provide different types of information about the first and/or second moments of future economic growth to generate exogenous changes in the perceived macroeconomic uncertainty of treated households. The effects on their spending decisions relative to an untreated control group are measured in follow-up surveys. Our results indicate that, after taking into account first moments, higher macroeconomic uncertainty induces households to significantly and persistently reduce their total monthly spending in subsequent months. Changes in spending are broad based across spending categories and apply to larger durable good purchases as well.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Economics;
-- Economic growth;
-- Treated household;
-- Good purchases;
-- Policy makers
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://www.aeaweb.org/articles?id=10.1257/aer.20221167">https://www.aeaweb.org/articles?id=10.1257/aer.20221167</a>
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Article Index
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
-- 118938
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Date acquired Serial Enumeration / chronology Total Checkouts Barcode Date last seen Price effective from Koha item type
    Dewey Decimal Classification     Dr VKRV Rao Library Dr VKRV Rao Library 11/06/2024 Vol.114, No.3   AI17 11/06/2024 11/06/2024 Article Index